World is Being Digital. Today’s Generation is being friendly with digital form and eCommerce website. Digital Things and eCommerce achieving trust Now a days and that’s Why The Digital Currencies like bitcoin and The Champcoin is takes place in today’s world. TCC is the Short From Of TheChampcoin.
What is TCC – The Champ coin ?
The Champ coin is the digital form of currency and the future of currencies. the increment in the value and the users of bitcoin, the champ coin will have the future Currency. Mahesh verma is the main person behind This “THE CHAMP COIN”.
Champ coin is the Digital Form Of Money or currency which will be stored in your TCC Wallet Electronically. If you are aware of The concept of Bitcoin and you know how the bitcoin works then you can easily understand the Concept of THE CHAMP COIN. If you are not aware with bitcoin then Check This.
The Champcoin is the world’s Second completely simultaneously web-based digital currency. Currently the champcoin is centralized currency but after 1 year it will become completely decentralized currency.
50% champcoin is generated by minors and 50% Champcoins is premined. if you are not aware with mining and If you are not aware with Block Chain Then Check It.
The Champ coin seeks to be the most secure cryptocoin at the lowest cost, by rewarding all users for strengthening the network. Use Champcoin to create your own Assets which can be distributed in any way you like.
You will be able to safely, easily and quickly learn how to store, acquire, sell, spend, speculate and invest champcoins. Imagine being able to send any amount of money to anyone anywhere in the world at anytime without the possibility of funds being frozen, seized and confiscated.
Many people Have Queries About the owner of champcoin and the Person behind the idea of cham coin.
The Champcoin Introduced by The Mahesh verma. Mahesh Verma is the Master mind behind this TCC – The Champcoin. You can read more about Mahesh verma here. He is also the master mind behind the refer and earn app Chamcash.
Who Prints Champcoin ?
Answer is champcoin official. Not a government or any bank prints champcoin because champcoin is not in the physical format. This currency isn’t physically printed in the shadows by a central bank, unaccountable to the population, and Champcoin making its own rules.
Characteristics Of Champ Coin :-
There are several Characteristics of The Cham Coin. Like,
1. It’s centralized (Will Be Decentralized after 1 year)
2. It’s completely transparent
Completely Transparent means each and every person and owner of any amount of bit coin can see the history and every transaction of bit coin. All the Transactions are open and easy to catch. Its easy to store and spend or sell the cham coin.
3. It’s fast
You can send money anywhere and anyone and it will arrive minutes later, as soon as the champcoin block check network processes the payment. if you are selling product or service or if you want to buy any service or product then you can get or send payment quickly in the form of champcoin.
After Watching the increment in the value and use of champcoin, it is safe to do investment in champcoin.
As per mahesh verma, the price of champ coin will be increase to the 1 thousand per champcoin. when bit coin started, there are very few people who took interest in it. but the champcoin has very huge network of the people by the chamcash app.
The Above Given Graph is just a prediction Of Champcoins value. graph is prepared by the Mahesh verma.
What is The Procedure Of Issuing New TheChampcoin ?
Or How New Champcoins Generated ? Or Which Technology is Used For The Champcoin Generation ?
Generally the cryptocurrencies are produced by Coin miners. If you don’t know what is coin mining or miners then check it.
in short in the bitcoin currency, the new coin is the generated as a result of mining procedure of miners.
But Champcoin is not uses 100% Mining technology or procedure. 100% Mining is also known as POW Technology. But thechampcoin will be generated using 50% POW And 50% POS Technology. Now if you are not a tech person then probably you don’t know what is POS And POW. So here is the Short Explanation of POS & POW Technology.
What is POW & POS Technology ?
POW is the Short form Of PROOF OF WORK. And POS Is The Short Form Of Proof of stake. In POW Pattern, probability of mining a block is dependent on how much work is done by the miner. But in POS Pattern, Miners Can mine a block on the basis of How much Coin They Holds.
There are fears that POW systems can lead to low network security, due to the Tragedy of the Commons, and this has led to some coins adopting a POS system.
Bit Coin Is Runs on 100% POW (Proof Of Work)Technology. If you want to know more about POS And POW Then you can check this article.